Endowment to Age 60 (Par) max new york Plan

Endowment to Age 60 (Par) max new york Plan:-

Feature:-

There comes an age in life, when all one needs is peace of mind and security after retirement, then your sources of income reduce but your expenses don't. From medical costs to children's marriage expenses, all seems to touch the sky. So it makes great sense to plan well in advance for a secured life after retirement.

Max New York Life's Endowment to age 60 Participating Insurance is a policy that helps you to save primarily for your retired life. It will mature on thepolicy anniversary after your 60th birthday, and enables you to use the maturity proceeds in many ways such as, purchase a pension from any life insurance company, purchase that house in your hometown where you want to lead your retired life or pay for your child's higher education or marriage. This plan also provides you with an insurance cover to protect your family from financial uncertainties in case of your untimely death before reaching age 60. Till age 60, this policy also builds cash value, and is eligible for bonuses. You may use the cash value and/or the bonuses to fund any unforeseen needs either by surrendering accumulated PUAs or taking a loan.

key benifit

• Guaranteed Financial Protection
• Tax benefits on premiums and maturity proceeds
• Additional protection through riders
• Bonus declared every year from 3rd policy year onwards